DAI crypto-backed stablecoin pegged to the US dollar

DAI is a decentralized, crypto-collateralized stablecoin created by MakerDAO. DAI aims to maintain a stable value relative to the US Dollar through a system of smart contracts and decentralized governance.
Official Site: https://makerdao.com/en/
DAI is primarily deployed on the Ethereum blockchain but has expanded to other networks through bridges. It maintains its peg through over-collateralization of crypto assets and algorithmic mechanisms.
Decentralized and governed by MakerDAO
Collateralized by various crypto assets
Maintains stability through smart contracts
Widely used in DeFi applications
Issuer: MakerDAO (decentralized autonomous organization)
MakerDAO is a decentralized organization that manages the DAI stablecoin system. It allows users to generate DAI by locking collateral assets into smart contracts.
Stabull Pools:
Buy DAI:
Investor Portal: Archblock
Addresses:
Polygon: 0x8f3cf7ad23cd3cadbd9735aff958023239c6a063
Links:
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